Mantle (MNT) Experiences Significant Rally Amidst Market Activity

Mantle (MNT), a Layer 2 cryptocurrency, has seen a remarkable surge in its value, becoming one of the top performers in the crypto market on August 5, 2025. The asset experienced a 20% rally following a peak in liquidity inflows, as reported by cryptopolitan.com. This surge marks a significant reawakening for Mantle, which had previously been characterized by low activity.

Key Drivers Behind Mantle’s Price Surge

The rally in Mantle’s price is attributed to several key factors. According to data from Artemis Analytics, there has been a dramatic increase in the number of daily active addresses, which skyrocketed by 1,600% in just one month, jumping from 7,000 to 120,000. This surge in activity coincided with a 450% increase in trading volume, propelling Mantle to its highest level in five months, as noted by beincrypto.com.

Market Performance and Comparison

On the same day, Mantle was highlighted as the top performer in the market, with a 21% surge, as reported by cryptopotato.com. This performance was notable even as the broader market experienced a retracement, with Litecoin (LTC) also seeing an 8% increase. Bitcoin (BTC) faced rejection ahead of the $116K mark, further emphasizing Mantle’s standout performance.

Fundamental Overview

As of August 3, 2025, Mantle’s close price was $0.845414, with a 52-week high of $1.41671 recorded on January 5, 2025, and a 52-week low of $0.517794 on September 5, 2024. The market capitalization of Mantle stands at approximately $2.72 billion.

This resurgence in Mantle’s activity and value highlights its potential as a significant player in the Layer 2 space, attracting renewed interest from investors.